The total daily sales, x, in the deli section of a local market is the sum of
Question:
a. What kind of probability distribution do you expect the total daily sales to have? Explain.
b. For this particular market, the average sale per customer in the deli section is $8.50 with σ = $2.50. If 30 customers make deli purchases on a given day, give the mean and standard deviation of the probability distribution of the total daily sales, x.
Distribution
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a Since the total daily sales are the sum of the sale...View the full answer
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Related Book For 
Introduction To Probability And Statistics
ISBN: 9781133103752
14th Edition
Authors: William Mendenhall, Robert Beaver, Barbara Beaver
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